Clive Mackenzie Chief Executive Officer Thank you, Maggie. Kia ora, and good morning, everyone. Thank you for joining us for Kiwi Property’s interim results announcement for the 6 months ended 30 September 2025. I’m Clive Mackenzie, the CEO of Kiwi Property. And today, I’m joined by Steve Penney, our CFO; and Fraser Gunn, our Head of Investor Relations. I assume you have a copy of our presentation in front of you. If not, you can access one from the Investors section of our website at kp. co. nz. A quick reminder that as usual, we have included detailed financial and property information in appendices to the interim financial presentation. Turning now to Slide 4 to look at our progress on key priorities over the last 6 months. Kiwi Property is focused on increasing long-term returns for its investors. We do this through the ownership, development and management of a portfolio of high-quality real estate. At the core of our strategy is an ambition to be New Zealand’s leading creator and curator of retail-led mixed-use communities. We believe our strategic mixed-use assets located in.
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